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Smart specialisation strategies: towards an outward-looking approach

Author

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  • Alessio Giustolisi
  • Maximilian Benner
  • Michaela Trippl

Abstract

In recent years, regional innovation policies across Europe have relied on the smart specialisation approach to support new path development. However, its focus on endogenous knowledge flows remains a major weakness of the approach. This article argues that smart specialisation has to adopt an outward-looking approach that combines knowledge flows external and internal to the region. Based on four stylised types of regions, the article proposes generic strategies that can be pursued through smart specialisation. In terms of its policy implications, the article argues that policymakers should develop their regions’ external connectedness strategically to leverage complementarities in global knowledge flows for new path development.

Suggested Citation

  • Alessio Giustolisi & Maximilian Benner & Michaela Trippl, 2023. "Smart specialisation strategies: towards an outward-looking approach," European Planning Studies, Taylor & Francis Journals, vol. 31(4), pages 738-757, April.
    • Handle: RePEc:taf:eurpls:v:31:y:2023:i:4:p:738-757
    DOI: 10.1080/09654313.2022.2068950
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    Cited by:

    1. Eduardo Hernandez-Rodriguez, 2024. "Technological diversification through global value chains in European regions," Papers in Evolutionary Economic Geography (PEEG) 2429, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Sep 2024.
    2. Ron Boschma, 2024. "An evolutionary approach to regional studies on global value chains," Regional Studies, Taylor & Francis Journals, vol. 58(7), pages 1492-1500, July.
    3. Eduardo Hernandez-Rodriguez & Ron Boschma & Andrea Morrison & Xianjia Ye, 2024. "Functional upgrading and downgrading in global value chains: The role of complementary interregional value chain linkages in EU regions," Papers in Evolutionary Economic Geography (PEEG) 2432, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Oct 2024.

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